One & One Green Technologies stock soars 100% after IPO debut
Investing.com -- Turbo Energy SA ADR (NASDAQ:TURB) stock surged 240% after the company announced it has been selected to supply and implement energy storage projects in Spain valued at approximately $53 million.
The global provider of AI-optimized solar energy storage technologies will deliver systems with a total capacity of 366 MWh for a major industrial group in the construction industry. The projects are scheduled to be executed over the next two years across more than ten industrial facilities.
Turbo Energy will provide turnkey integration of the systems along with its AI-driven energy management platform. These implementations will help factories optimize electricity consumption, enhance operational efficiency, and reduce exposure to volatile energy prices.
The company will deploy its SUNBOX Industry solar battery storage solution, which was introduced in 2024. This patent-pending system is designed for commercial and industrial facilities with scalability ranging from 30 kW to 2,000 kW in power and 30 kWh to 4,000 kWh in storage capacity.
"This landmark project underscores Turbo Energy’s position as a trusted partner in delivering cost-efficient energy solutions, highlighting our unique ability to integrate advanced solar storage solutions with an AI-driven digital platform," said Mariano Soria, CEO of Turbo Energy.
The SUNBOX Industry solution integrates with Turbo Energy’s cloud-based AI energy management platform, which automatically mitigates electricity market volatility by purchasing energy at optimal times and prices.
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